Real Estate Investment Trusts

susie100March 22, 2011

I'm not sure if this is the right forum for this subject, but it seems to be the most apt. Someone has asked me to invest in a real estate investment trust. I know nothing about them. Can someone clue me in? Could it be a good investment?

If you know nothing about them, stay far away. Those of us in the investment industry know that REITs are for sophisticated investors. They can either be a gold mine or a total bust. Without doing alot of homework, you are playing with fire. You will never be able to learn enough to make an educated decision through this or any other forum. Hope I haven't burst your bubble.

I agree, as we lost over 5000.00 in one and that was over 20 years ago. It was recommended by our tax person then he pulled his money out, moved away and we ended up taking the loss, along with others. Never again.

I like watching Jim Cramer on CNBC. He recommended a realty trust last year. We bought 100 shares at $17.00 a year ago. The price has stayed almost the same (goes up or down a few dollars), but pays 14% dividend.

I wish we had invested more in it. It has a good rating and we certainly get more with the dividend than we did in the bank.

Lesterd would like to point out that spam is not allowed on this site, especially from one who registers the same day as the first post. If it's called a "game" it is definitely designed to rip off the investor.

lestard, I do some trading, on-line, through Fidelity. It is simple and I don't need a broker. Just do it on my computer. This allows me to check in each day to see what my stock is doing.

Jim Cramer has never recommended a dangerous stock. He highly recommended Annaly which is a real estate Reit which pays a high dividend. I've held it for over a year and it only fluctuates a few points, up or down. If it begins to 'tank', I'll sell it.

We have our retirement accounts with a brokerage firm and I suggested Annaly to our broker. He bought some (not alot) for the dividend in our portfolio.

When I bought it I paid $16.00 a share. It hit $18.00 today. I just got my dividend last month. Pays every quarter. I'm not complaining!

There are a few good REITS which are worth checking out. The bottom line is you have to research whatever you think of buying.